Fission Uranium's 11% Shareholder Opposes Acquisition by Paladin Energy

MT Newswires Live
2024-09-16

Paladin Energy (ASX:PDN) said China General Nuclear Power's subsidiary holding an 11.26% stake in Fission Uranium opposed its proposed acquisition of Fission, according to a Monday filing with the Australian bourse.

A hearing before the Supreme Court of British Columbia in Canada for the final order to approve the proposal started on Friday and will continue to Sept. 26, the filing stated.

The plan of arrangement acquisition remains subject to closing conditions, according to the filing.

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